Mobile Home Park Details
- Cap Rate: 18.0%
- Listing ID: 1193068
- Posted On: Feb 21, 2020
- Updated On: Mar 16, 2020
Description
Mobile Home park with 15 lots, 14 mobile homes all park owned.
Homes stay fully occupied most of the time ,
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 15 |
| Total Occupancy: | 98.0 % |
| Average MH Lot Rent: | $450 |
| Size: | 3 acre(s) |
Financial Information (Actual)
| Gross Income: | $72,600 |
| Operating Expense: | $4,400 |
| Net Operating Income: | $68,199 |
| Expense Ratio: | 6.1 % |
Lot Information
| Singlewide Lots: | 15 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 14 |
| Average Rent for Park-owned Homes: | $450 |
